BlackRock Enhanced Government Fund, Inc. to Issue Monthly Dividend of $0.04 (NYSE:EGF)

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.041 per share on Wednesday, July 31st. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date is Monday, July 15th.

BlackRock Enhanced Government Fund Stock Up 0.8 %

Shares of NYSE:EGF traded up $0.07 during midday trading on Tuesday, reaching $9.36. The company’s stock had a trading volume of 4,449 shares, compared to its average volume of 6,863. BlackRock Enhanced Government Fund has a 12-month low of $9.02 and a 12-month high of $10.18. The firm has a 50 day moving average of $9.28 and a 200-day moving average of $9.45.

About BlackRock Enhanced Government Fund

BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.